Federal Employee Retention Pay and a Promotion
What is retention pay? When is it terminated? What if an employee on retention pay receives a promotion?
Q&A from FedSmith authors addressing readers’ questions. We share them here to help you with your federal career or retirement planning.
What is retention pay? When is it terminated? What if an employee on retention pay receives a promotion?
When does the government shutdown? The answer dates back to 1980.
How is the G Fund interest rate calculated? If inflation takes off, will money invested in the G fund earn a higher interest rate?
I have numerous disabilities resulting from my military service. Can I do a VERA under FERS with 25 years of service at age 45 and claim SSDI?
Why is there no cost of living adjustment (COLA) until age 62?
Why is my city not included in a GS locality pay area? The cost of living is very high and this seems unfair.
Are federal contractors included in the 2023 federal pay raise?
Can I contribute the max to my Roth TSP and also $6,000 to a Roth IRA in the same year?
My FERS annuity with the 2022 COLA is increasing less than 4.9% in January. Why is that?
Will the continuing resolution have an impact on the 2022 federal pay raise for federal employees?